Search Results for keywords:"stakeholder engagement"

The Board of Governors of the Federal Reserve System has decided to continue the Federal Reserve Payments Study (FR 3066) for another three years without making any changes. This study helps estimate the number and value of cash and non-cash payments in the U.S. from different sources. The Board received a supportive comment from an industry association and plans to publish results in stages to ensure quality and reliability. The detailed results help policymakers, the industry, and the public understand payment activities in the country.

The Cboe C2 Exchange, Inc. has submitted a proposal to increase fees for 10 gigabit (Gb) physical ports from $7,500 to $8,500 per month. This change is intended to help maintain and improve the Exchange's technology and services. The Exchange argues that the increase is justified due to inflation and significant investments made to enhance service quality. The new fee structure will apply uniformly to all users and allows them to access multiple affiliated exchanges without additional costs.

The Board of Governors of the Federal Reserve System has decided to extend the Policy Impact Survey for three more years without any changes. This survey collects information from financial institutions to analyze the impact of policy changes. Despite asking the public for comments on this extension, no feedback was received. The survey helps in studies conducted by international financial stability groups.

Nasdaq BX, Inc. has proposed a rule change to adjust certain exchange fees based on inflation rates. These fee adjustments, which took effect upon proposal and will become fully operative by January 1, 2025, aim to restore the real value of fees that have remained static over time, eroding in purchasing power due to inflation. The changes will occur in three phases over three years, affecting specific market data products but not all fee categories. The adjustments are calculated using the Data Processing Producer Price Index (PPI) and aim to support the Exchange's ongoing investments in its data products and services.

Nasdaq PHLX LLC filed a proposed rule change with the Securities and Exchange Commission to adjust certain fees for its market data products based on inflation. The changes are intended to restore fees to their original real value, as many have not been updated for years and have decreased in real terms due to inflation. The adjustments will be phased in over three years, starting in 2025. The exchange claims this change is necessary to recoup investments made to enhance their products and maintain technology infrastructure, ensuring they continue to meet the needs of their customers.

The Federal Railroad Administration (FRA) has decided to withdraw a proposed rule from October 29, 2024, concerning updates to procedures for waivers and safety-related proceedings. These updates aimed to clarify what is meant by "in the public interest" and "consistent with railroad safety" in the waiver standards. The FRA cited resource constraints and existing guidance on the topic as reasons for the withdrawal but emphasized their commitment to engaging with stakeholders on rail safety issues. The FRA may consider similar regulations in the future and appreciates the input received from stakeholders during this process.

NOAA's National Ocean Service, in collaboration with several agencies, is seeking public input to identify data for transmission planning in the Gulf of Mexico off Texas, Louisiana, Mississippi, and Alabama. This Request for Information aims to improve coastal and marine spatial studies, focusing on offshore wind and transmission planning. The public can provide feedback through written comments or by participating in a public meeting in New Orleans on January 14-15, 2025. The feedback will help NOAA understand data needs and gaps for marine spatial planning and engage better with communities.

The Federal Energy Regulatory Commission (FERC) has started an investigation to determine if PJM Interconnection, L.L.C.'s tariff is unfair or unlawful. This action was taken under the authority of the Federal Power Act, and the Commission has set a refund effective date following this notice's publication for the investigation case. Interested parties have 21 days to intervene by filing with FERC. To make it easier for the public to engage, FERC offers support and encourages electronic filing of comments and interventions through their website.

Cboe BZX Exchange, Inc. has proposed a rule change to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. These ports are used by members and non-members to connect to the exchange. The increase is intended to help maintain and improve market technology and services, as well as keep fees in line with or lower than similar charges by other exchanges. The notice invites public comments and explains the rationale behind the fee change, such as inflation impacts and investments in technology improvements.

The U.S. Environmental Protection Agency (EPA) and the Department of the Army aim to involve various stakeholders in discussions about the "waters of the United States" definition due to a recent Supreme Court ruling. The agencies plan to hold listening sessions and are actively seeking written feedback from the public to inform future administrative actions and clarify the Clean Water Act's jurisdiction. They also address concerns regarding the Revised Definition of "Waters of the United States" stemming from the Supreme Court's decision in Sackett v. Environmental Protection Agency, impacting the way certain water bodies are regulated under federal law. This effort emphasizes broad public engagement to ensure clear and consistent understanding and implementation.